About TeaFit
TeaFit is a Consumer company based in Mumbai (India) founded in 2019 by Urmila Pandey and Jyoti Bharadwaj. TeaFit was established as a brand of teas in 2019. TeaFit has raised $60.78 thousand across 1 funding round from investors including Vineeta Singh, Anupam Mittal and Peyush Bansal. TeaFit was last valued at $759.69 thousand in January 2023. Its Indian entity Battlestar Food Technologies Private Limited reported revenue of ₹1.40 Cr. TeaFit offers products and services including Instant Tea Premix, Iced Tea, and Gifting Packs. Its focus areas include Food and Agriculture, Food & Beverage Products, Beverages and Coffees & Teas. Its competitors include Peet's Coffee & Tea, VAHDAM, Teabox, Dorje Teas and Wagh Bakri Tea Group and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
TeaFit was founded in 2019 in Mumbai, India, by co-founders Urmila Pandey and Jyoti Bharadwaj. The company operates within the tea industry, focusing on branding and distribution of teas. Core activities include product development and market presence in the beverage sector. Operations are based in Mumbai, with services extending to tea formulation and supply in the Indian market. The domain tea.fit supports online engagement.
- Annual Revenue₹1.40 Cr
FY 2024 · +55% YoY
- Net Profit₹72,085
FY 2024 · 1% margin
- EBITDA₹1 Lakh
FY 2024 · 1% margin
- Total Equity Funding$60.78K (USD)
in 1 rounds
- Latest Funding Round$60.78K (USD), Angel Round
Jan 2023
Associated legal entities of TeaFit
TeaFit operates through Battlestar Food Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Battlestar Food Technologies Private Limited CIN U15135MH2019PTC321345 | Active | 15 Feb 2019 | Thane, Maharashtra | ₹1.4 Cr | – | 2 | View details |
Products & Services of TeaFit
TeaFit offers a comprehensive portfolio of products and services, including Instant Tea Premix, Iced Tea, and Gifting Packs.
Unsweetened premix made from real tea for healthy, sugar-free drinks
Zero-calorie Ayurvedic iced tea boosting energy and metabolism
Curated tea sets for gifting to loved ones
Funding Insights of TeaFit
TeaFit has successfully raised a total of $60.78K through 1 strategic funding round. The most recent funding activity was a Angel Round of $60.78 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $60,775
- Total Rounds 1
- Last Round Angel Round — $60,775
- First Round $60,775
(Jan 2023)
- Investors Count 4
All 1 funding rounds of TeaFit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $60,775 | Angel Round | $759,694 | Vineeta Singh, Anupam Mittal | – |
Last known valuation $759,694 (Jan 2023). 4 investors in total: 0 institutional and 4 angel.
Investors in TeaFit
TeaFit has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Vineeta Singh, Anupam Mittal and Peyush Bansal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VS Vineeta Singh | Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge | – | unknown_c99a672e0b864c928 | - |
AM Anupam Mittal | Founder of Shaadi.com, angel investor, Shark Tank India judge | – | unknown_25b2ffda2f6046cc8 | - |
PB Peyush Bansal | Founder of Lenskart, prominent angel investor, Shark Tank India judge | – | unknown_db80e9185b93465ba | - |
AG Aman Gupta | Co-founder of boAt, Shark Tank India judge, active angel investor | – | unknown_4ff96dd5a81a43d7b | - |
Investor details for TeaFit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Battlestar Food Technologies Private Limited (TeaFit)
Battlestar Food Technologies Private Limited is the primary company behind TeaFit. The board of Battlestar Food Technologies Private Limited currently have 2 directors; the longest-serving is Jyoti Bharadwaj, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jyoti Bharadwaj DIN 08364668 | Director | 15 Feb 2019 | 7 yrs 8 mo | Battlestar Food Technologies Private Limited |
| Urmila Pandey DIN 08364669 | Director | 15 Feb 2019 | 7 yrs 8 mo | Battlestar Food Technologies Private Limited |
People of TeaFit
2 people are tracked at TeaFit (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for TeaFit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of TeaFit
Figures of Battlestar Food Technologies Private Limited, the primary company behind TeaFit, for FY 2024. Revenue was ₹1.40 Cr (+55% year on year). Net profit was ₹72,085 (1% margin). EBITDA was ₹1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +449% over three years.
- ₹1.40 CrRevenue · FY 2024 · +55% YoY
- ₹72,085Net profit · 1% margin
- ₹1 LakhEBITDA · 1% margin
- ₹5.2 LakhPaid-up capital
- +449%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Battlestar Food Technologies Private Limited are on its company page.
Detailed financial statements for TeaFit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of TeaFit
2 dated milestones of TeaFit across 4 years, from founding to its latest funding, stage changes and deals.
- Founded TeaFit is founded.
- Funding First funding round of $61K.
Competitors of TeaFit
TeaFit has 9 listed competitors in our database, 5 of them funded. They include Peet's Coffee & Tea, VAHDAM, Teabox, Dorje Teas and Wagh Bakri Tea Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| peets.com | 1966 | San Francisco, United States | – | 4,340 | Speciality coffee and tea brand | |
| vahdam.com | 2015 | Delhi, India | $43.09M | 145 | Tea powders and accessories are offered by an internet-first brand. | |
| teabox.com | 2012 | Bengaluru, India | $19M | 88 | Online platform offering tea | |
| dorjeteas.com | 2021 | Darjeeling, India | $250,347 | – | Internet first brand offering tea | |
| waghbakritea.com | 1892 | Ahmedabad, India | – | 1,086 | Diverse packaged teas are provided for various consumer preferences. | |
| societytea.com | 1933 | Mumbai, India | – | 341 | Society Tea is engaged in selling tea and related products online. | |
| buybluetea.com | 2018 | Faridabad, India | $60,609 | 81 | Company offers a variety of herbal blue teas | |
| goodricke.com | 1977 | Kolkata, India | – | 239 | Orthodox Darjeeling and Assam teas are produced by Goodricke Group. | |
| jadeforest.in | 2018 | Gurugram, India | $1.25M | – | Tonic water is branded and distributed by Jade Forest. |
Detailed competitors of TeaFit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TeaFit
The website of TeaFit (tea.fit) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 31.1% vs previous month
Top companies in Food & Beverage Products & Processing
10 companies that operate in the same segment as TeaFit (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 |
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Frequently Asked Questions about TeaFit
TeaFit was founded in 2019 and raised its 1st funding round 4 years after it was founded.
TeaFit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
TeaFit is a funded company, having raised a total of $60.78K across 1 funding round to date. The company's 1st funding round was a Angel Round of $60.78K, raised on Jan 2023.
The primary company behind TeaFit, Battlestar Food Technologies Private Limited, reported revenue of ₹1.40 Cr for FY 2024, up 55% year on year.
TeaFit was founded in 2019 in Mumbai, India, by co-founders Urmila Pandey and Jyoti Bharadwaj. The company operates within the tea industry, focusing on branding and distribution of teas. Core activities include product development and market presence in the beverage sector. Operations are based in Mumbai, with services extending to tea formulation and supply in the Indian market. The domain tea.fit supports online engagement.
TeaFit's top competitors include Peet's Coffee & Tea, VAHDAM and Society Tea.
TeaFit offers Instant Tea Premix, Iced Tea, and Gifting Packs.
TeaFit has 4 investors. Key investors include Vineeta Singh, Anupam Mittal, Peyush Bansal, and Aman Gupta.
The valuation of TeaFit is $759.69K as of Jan 2023.
TeaFit operates through Battlestar Food Technologies Private Limited.
The legal entities of TeaFit currently have 2 directors, including Jyoti Bharadwaj, Urmila Pandey.